Who would have thought that over-bureaucratization and interventionism could kill entrepreneurship? Soon the Eurozone will be a museum of old industry....
The European Union is nothing it used to be. This is a weak, overbureocratized, woke and self destructive place, where lobbyists decide how to burden it’s citizens more and more.
reply
Yeah they have killed the innovation through directives, bureaucratization and regulation. In fact most people in my country don't know what "productive work is" even in companies and instead they are doing some kind of mandatary sustainable communication plans.
reply
here everything takes refuge in government sham jobs
reply
There must be a lot going into this because those top cities certainly have their share of "over-bureaucratization and interventionism".
reply
You can't imagine what the eurocrats are inventing to kill our economy
reply
Berlin is in 20th place, who would have imagined this at the beginning of the century...
reply
100% subsidized green trash companies
reply
San Fransisco approved a program to just give $5M to any black person who asks for it and they've explicitly stopped enforcing property crimes.
How are you guys managing to top that?
reply
42 sats \ 1 reply \ @TomK OP 25 May
easy. Here, energy companies are guaranteed minimum prices, even if they generate electricity that ultimately has to be exported at a negative price.
reply
Nailed it
reply
reply
Europe has messed it up! The cost of establishing a start up are so much high with all those regulations to abide by, it's impossible to see the startup culture grooming.
The best start up culture is booming in China and India is because of the friendly and less burdened establishment cost there.
reply
When I went to france thanks to a university exchange program, I could see the process of entrepreneurship dying in real time. There where plenty of programs to incentivize students to launch startups, and that was the very first symptom that things where going south: why do you have to promote entrepreneurship so intensely if it's supposedly a good thing? Nothing, absolutely nothing that's well liked and successful needs to be promoted. Indeed, all students there start thinkering excitedly on the possibilities, and then incentives drop down to zero when they have to decide between working for a state-owned company or go through the hell of starting a business. The decision is a no-brainer. Same for germany, my friend there told me about the private sector offers vs the state sector. It wasn't even a competition.
reply